Chipotle Mexican Grill's Stock Gets Burned For Mixed Q4; Sales Slowdown To Continue, Analysts Say
1. Chipotle reported a revenue miss, causing shares to decline 2.25%. 2. Same-store sales growth of 5.4% fell short of 5.7% consensus expectation. 3. Analysts suggest potential traffic slowdown in early 2024 due to various headwinds. 4. Despite challenges, CMG shows solid unit growth and high underlying margins. 5. Analysts maintain positive outlook due to menu innovation and productivity initiatives.